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Australian shares declined on Monday. The S&P/ASX 200 index closed lower. NAB reported a miss in half-year earnings, affecting market sentiment. A2 Milk shares dropped significantly due to a product recall in the US. Investors are cautious before the Reserve Bank of Australia's policy decision on Tuesday. Energy and mining stocks also saw declines.
Bharat Heavy Electricals Ltd (BHEL) shares surged over 13% after reporting a robust March quarter with a 156% jump in net profit to Rs 1,290.50 crore. Revenue from operations also saw a significant 37% increase. The company also recommended a final dividend of Rs 1.40 per share for FY26.

Singapore and New Zealand signed an agreement to keep supply chains open during crises, ensuring continued trade in fuel, food, medical and construction goods. Leaders said it could serve as a model for trusted global partnerships amid rising geopolitical tensions and energy disruptions.
Jefferies has raised target prices on Adani Power, Adani Ports and Adani Enterprises, maintaining ‘Buy’ ratings on strong operational performance, capacity expansions and improving realisations. Adani Ports saw EBITDA beat estimates, supported by higher domestic port realisations and upcoming capacity additions. The brokerage expects steady volume growth and strong EBITDA momentum across the Adani group.
Despite market swings, seasoned investors find comfort in reasonable valuations and historical trends, according to Kotak AMC's Shibani Sircar Kurian. She highlights banking as a standout sector with strong growth and stable asset quality, while telecom shows improving fundamentals. Kurian advises using market dips to add equities, favoring private banks due to valuation comfort.

India's markets regulator, SEBI, will not permit banks and insurance companies to invest in commodity derivatives, according to its chairman. While SEBI had previously explored enabling pension funds to trade commodities, a decision remains undisclosed. The announcement led to a decline in Multi Commodity Exchange of India shares.

Reactions to the West Bengal election indicate a serious political climate, with the BJP leading early trends against the TMC. Voter turnout reached record levels. Meanwhile, comedian Vir Das clarified his identity amidst social media humour.
OnEMI Technology Solutions’ Rs 926 crore IPO saw 27% subscription on Day 2, with QIBs leading demand. GMP remains modest at 2%, indicating cautious sentiment. While improving profitability and reasonable valuations support the case, high unsecured lending exposure and regulatory risks suggest investors should approach the issue with measured expectations.

US markets are driven by strong corporate earnings and a stable labor market, defying global geopolitical tensions. While investors hope for negotiation, unpredictable political rhetoric and potential oil price spikes pose risks, especially for emerging markets like India. Economies are better equipped to absorb shocks than in past decades, but caution remains advised.
Ather Energy Q4 Results: Ather Energy reported a net loss of Rs 100 crore for Q4 FY26, a 57% decrease year-on-year, alongside a 74% revenue jump to Rs 1,175 crore. The company's EBITDA loss narrowed significantly, driven by strong volume growth and improved unit economics, with deliveries reaching 83,418 units.
Berkshire Hathaway enters new era under Greg Abel, maintaining Warren Buffett’s legacy, emphasizing disciplined capital allocation, strong operations, cautious AI stance, and long-term value creation amid evolving leadership dynamics.
Actor-turned-politician C Joseph Vijay's Tamilaga Vettri Kazhagam (TVK) is poised to disrupt Tamil Nadu's long-standing Dravidian party dominance, leading in 108 seats. This unexpected surge has sent shockwaves through the political landscape, impacting established players like the DMK and AIADMK. Sun TV Network shares saw a significant dip amid these electoral trends.
Kotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates flattish margins ahead due to rising deposit rates, analysts believe growth in unsecured lending and CASA deposits, along with operating leverage and fee income recovery, can sustain a strong return on assets.
Global markets enter a volatile week as oil prices surge amid Middle East tensions, raising inflation and growth concerns. Investors track US jobs data, central bank signals, and geopolitical risks. While strong earnings and AI momentum offer support, uncertainty around policy, energy costs, and political developments may drive market direction.
The Indian Rupee traded within a tight band today. Modest dollar inflows and falling oil prices provided support. However, importers actively buying dollars kept the Rupee under pressure. Oil prices eased after US President Donald Trump indicated assistance for ships in the Strait of Hormuz. Asian currencies showed mixed movements. Investors are watching earnings and economic data this week.

The ruling leaves SpiceJet with an unchanged cash deposit obligation despite its claims of severe liquidity stress, closing another courtroom avenue in a decade-long legal battle over a distressed 2015 stake transfer.

Vedanta shares surged after its demerger into four entities, with analysts highlighting improved business focus but increased concentration risks. Brokerages remain optimistic on upside potential, supported by strong Q4 earnings, while advising caution for new investors amid ongoing price discovery and evolving valuations of the separated businesses.
Indian government bonds saw a rebound, with value buyers stepping in after a recent surge in yields. Early election trends favoring the ruling party and a stabilization in oil prices, despite ongoing geopolitical tensions, boosted market confidence. This positive sentiment helped push benchmark bond yields lower, offering relief to investors concerned about inflation and import costs.
Equitas Small Finance Bank shares saw a significant 7% rise. This surge followed the bank's announcement of a substantial 406% increase in its fourth-quarter net profit for FY26. The lender's strong performance was attributed to business expansion and improved asset quality. Advances and disbursements also showed robust growth. The bank's profitability metrics improved, with net interest margin rising.
Petrol and diesel prices remained stable while markets showed optimism on May 4 after US President Donald Trump's latest announcement. POTUS on Sundy vowed safe navigation for ships through the Strait of Hormuz.